Medical Billing A/R Senior

Job Description:

The role of Senior Accounts Receivable Specialist (AR Specialist) is an important one in any organization. They play a crucial role in ensuring accurate and timely collection of incoming payments from customers. The Sr. AR Specialist is responsible for compiling reports and managing accounts receivable transactions for a company or organization. They oversee receivables, establish and implement collection policies, and apply accepted management practices to maintain cash flow. Their duties include reconciliation of accounts, research and resolution of customer issues, and providing support to internal and external customers. Under the guidance of the Controller or Accounts Receivable Manager, the AR Specialist must be organized, detail-oriented, and have strong problem-solving and communication skills. Here, you will find a more detailed description of the role and responsibilities of an Sr. AR Specialist.

Responsibilities & Duties.

• Prepare, verify, and process invoices for sales or services rendered
• Handle the timely and accurate posting of payments to client accounts
• Monitor and collect accounts receivable by contacting clients via phone, email, or mail
• Resolve payment discrepancies and disputes in a professional manner
• Prepare and maintain detailed records of account statuses and collection activities
• Conduct regular account reconciliations to ensure accuracy and completeness
• Generate regular reports related to accounts receivable, aging, cash receipts, and credit memos
• Coordinate with other departments to ensure proper billing and payment procedures
• Assist in the month-end closing process and prepare related financial reports
• Review and approve credit applications for new customers
• Maintain and update customer files, including name or address changes
• Ensure compliance with company policies and procedures regarding accounts receivable
• Assist in developing and implementing improvements to the accounts receivable process
• Respond to client inquiries regarding billing and payment issues
• Assist with audits related to accounts receivable

Qualifications & Skills

• Bachelor's degree in Accounting, Finance, or a related field
• Experience with accounting software and Microsoft Office Suite, particularly Excel
• Strong understanding of accounting principles and accounts receivable processes
• Excellent communication and interpersonal skills
• Capability to handle high-volume and fast-paced work environments
• Strong problem-solving skills and attention to detail
• Ability to work both independently and collaboratively with a team
• Experience in a similar role within the industry
• High school diploma or equivalent
• Proven experience in accounts receivable or a similar financial role
• Proficiency in Microsoft Office, especially Excel
• Strong organizational skills and the ability to prioritize tasks
• High level of accuracy and attention to detail
• Excellent customer service skills
• Good written and verbal communication skills
• Strong analytical and problem-solving abilities
• Ability to meet deadlines and work under pressure
• Knowledge of relevant accounting software and ERP systems

Job Types: Full-time, Permanent

Pay: ₹25, ₹30,000.00 per month

Benefits:

• Provident Fund

Work Location: In person